Don’t make this tax mistake: 529 account edition

January 17, 2018/

A lot of people don't realize this but (real) financial planners review client tax returns as part of the financial planning process. This helps us point out ways to help clients save money on taxes, correct errors, or identify an investment manager that may be churning (trading frequently) or simply generating a lot of taxable gains and dividends.

One frequent Virginia state income tax deduction that many VA 529 account owners forget involves VA 529 plan contributions. Don't make this same mistake!

Check out this video (please ignore the ridiculous thumbnail image...) and find out how you might save more money on your VA state income taxes!